Does matching employer Simple contribution count toward maximum contribution for year?
If I had $2000 taken out for my Simple Plan and my employer matched with a $1500 contribution, does the $1500 match count toward my maximum allowable contribution for that year?
011428
1 Replies
MaryK1
Level 9
Jun 4, 2019 7:50:44 PM
No employer contributions do not count toward your contribution for the tax year.